DENVER, CO - Headwaters MB advised Oclaro, Inc. (NYSE: OCLR) of San Jose, CA, on the divestiture of its thin film filter business and interleaver product line to II-VI, Inc. (NYSE: IIVI).
Oclaro is one of the largest providers of lasers and optical components, modules and subsystems for the optical communications, industrial, and consumer laser markets. The company is a global leader dedicated to photonics innovation, with cutting-edge research and development (R&D) and chip fabrication facilities in the U.S., U.K., Italy, Switzerland, Israel, Korea and Japan. It has in-house and contract manufacturing sites in China, Malaysia and Thailand, with design, sales and service organizations in most of the major regions around the world.
Grant Garbers, Managing Director at Headwaters added, “Under the leadership of Kate Rundle, Oclaro has built a tremendous transaction team. We are proud to have worked alongside them to achieve their desired result.”